18 Mount Bowen StreetPark Ridge QLD 4125
Property Details for 18 Mount Bowen St, Park Ridge
Last Listing description (August 2023)
This impressive dual key has already been setup with great long-term tenants in place and an excellent return on investment from purchase date. This is where real investment potential exists in a changing market. Great location, potential for even greater returns and a depreciation schedule (*available on qualified interest) that sets this style of properties apart from standard investment properties.
Positioned on a great 400m2 block, you will be impressed by the floor plan of this design. 3 bed, 2 bath with 1 car, plus 2 bed, 1 bath and 1 car unit. Full landscaping with gardens, fully fenced and both units offering impressive alfresco areas. Great open plan designs and the spacious 3 bedroom unit offers separation in the floor plan with bedrooms 1 and 2 at the front of the unit and master bedroom at the back.
Great for those who wish to add more properties to their portfolio or those who have money in SUPER and wish to invest for a higher return.
UNIT 1 includes:
-3 bedrooms with built-in wardrobes
-Master with ensuite
-Aircon in the main living area
-Ceiling fans in all rooms including the living area
-Electric cooktop, oven and dishwasher
-Separate entry
-Single automatic garage with laundry space
- Currently tenanted at $450pw till December 2023
-Current rental appraisal is $500 a week
UNIT 2 include:
-2 bedrooms with built-in wardrobes
-Aircon in the main living area
-Ceiling fans in all rooms including the living area
-Electric cooktop, oven and dishwasher
-Separate entry
-Single Lock up Garage
-Currently Tenanted at $380 till July2023
-Current rental appraisal at $400 to $450
- Easy access to motors ways to Brisbane CBD, Sunshine and Gold Coast
- Located in a fast-growing suburb of Park Ridge
- A short drive Park Ridge Town Centre with Coles, Woolworths, and Homestead Markets
- A short drive to the Logan Hyperdome; a perfect place for shopping, dining, movies & much more
- Security screens windows and doors
- Fully fenced and landscaped
- Split system air-conditioning to main living areas
- Laminate kitchen with overhead cupboards & stone bench tops
- Separate electric metres & letterbox for each residence
- Exposed aggregate concrete driveway
- LED down lights throughout
- NBN, TV & Phone points
Property History for 18 Mount Bowen St, Park Ridge, QLD 4125
- 18 Aug 2023Listed for Sale FOR SALE
- 10 Jul 2023Sold for $760,000
- 04 Apr 2023Listed for Sale Offers over $785,000
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0About Park Ridge 4125
The size of Park Ridge is approximately 16.8 square kilometres. It has 10 parks covering nearly 0.8% of total area. The population of Park Ridge in 2011 was 2,328 people. By 2016 the population was 2,509 showing a population growth of 7.8% in the area during that time. The predominant age group in Park Ridge is 70-79 years. Households in Park Ridge are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Park Ridge work in a trades occupation. In 2011, 77.5% of the homes in Park Ridge were owner-occupied compared with 74.5% in 2016.
Park Ridge has 6,296 properties. Over the last 5 years, Houses in Park Ridge have seen a 82.74% increase in median value, while Units have seen a 74.31% increase. As at 31 August 2024:
- The median value for Houses in Park Ridge is $771,149 while the median value for Units is $638,901.
- Houses have a median rent of $580 while Units have a median rent of $490.
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